BEWARE, ALASKANS: BOTAX IS TOXIC!

We encourage readers to keep track of a devastating voter initiative now underway in Alaska.  A selfish special interest group is sponsoring an oil tax increase petition.  Somewhat aggressive “dollar per signature” activists are standing in front of grocery storses and malls around Alaska, easily identified by the clipboards they are holding.  Like snake oil salesmen of old, they’ll shout at shoppers pleas like,  “sign here to make taxes fair and protect our schools”.   Most well intended citizens walking by are busy and tend to sign without reading the petition language that would, indeed, sccare many investors away from Alaska and kill Alaska’s economy.  As you might guess, one of the major, well-heeled special interests sponsoring the confusing change in state tax law — lawyers — would benefit from the resulting litigation and potential ‘big money” settlements.  We’ve dubbed this selfish attack on Alaska’s economy, “BOTAX”.  Read this earlier commentary on the subject by your author and highly respected radio talk show host, Glen Biegel.    -dh